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Dear Friends & Investors of i3 Forum,

 

Before WTK invested in Timber Lands & Palm Oil Business ITS ORIGINAL BUSINESS IS THE MANUFACTURE OF LOYTAPES

WTK also has 2 Industrial Buildings in Singapore - Marketing Loytapes to Singapore & also export all over the World - Especially to the US

Today in CNA (Channel News Asia) Headline page we see

 

NO DINING IN ALLOWED AS ALL TABLES AND CHAIRED COMPLETELY TAPED OVER

(LOYTAPE BY WTK IS SELLING LIKE HOT CAKES FOR BOTH DISTANCE SPACING AND AS ECOMMENCE BOX PAKAGING FOR CARTON BOXES

 

Packaging Tape 101: Which tape do you need? | Paper Products Equipment

 

 

 

Business Background (From i3 Investor WTK info Page)

WTK Holdings Bhd is engaged in investment holding and provision of management services. Business activity of the firm is functioned through Timber, Plantation, Trading, Manufacturing, Investment holding and others, and Oil and gas segments. The company derives the majority of revenue from Timber segment which is engaged in the extraction and sale of timber, manufacture, and sale of plywood, veneer and sawn timber. Geographically all the operation of the firm is functioned through Malaysia, however, the company also has its presence in the region of Malaysia, Japan, India, Taiwan, Singapore, Philippines and in other regions.

Trading & manufacturing?

See from qtrly report:

Timber
The lower revenue of the segment was attributed to soft demand for timber products
resulted by the uncertainties in macroeconomic and outbreak of COVID-19 pandemic.
 
Plantation
Plantation segment registered a higher revenue mainly due to increased production and
improved average selling price of CPO and PK during the quarter.
 
Manufacturing and Trading
The segment recorded a higher revenue as compared with preceding quarter, which was
attributed by the improved sales orders from both domestic and foreign customers.

 

Timber prices have increased. Cpo & Palm Kernal prices improved

Loytape sales improved from both domestic (rise of e-commerce delivery of carton boxes & social distancing tapes)  & export markets 

 

 

 

Restaurateurs welcome dine-in move despite strict guidelines | The Star

 

NO DINING IN ALLOWED FOR WHOLE OF SINGAPORE

 

To dine in or take away? not a question anymore for Singapore eatery diners  - Xinhua | English.news.cn


https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-05-17-story-h1565118011-WTK_LOYTAPE_FOR_E_COMMERCE_CARTON_BOX_PAKAGING_SOCIAL_DISTANCING_SELLIN.jsp

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